Archer Daniels Midland Company (ADM) has seen fluctuating performance amidst several major developments. Greenwood Capital Associates, Pacer Advisors, and Sound Income Strategies have all made new investments in the company, while some institutions like Texas Permanent School Fund and Corient Private Wealth have sold significant shares. ADM's third-quarter earnings beat estimates, but the company's
profit outlook for 2025 has been cut due to uncertainties related to biofuel and trade. The company has laid off dozens of workers at its Memphis facility and plans to close the location. Cuts seem to be aimed at
cost reduction, seen with ADM's intent to put US feed mills into a joint venture. The company continues its efforts to attract US soy sales amidst low prices and is seeking $200 to $300 million in cost cuts by 2025. ADM's
share price dropped despite the overall market gaining, but the company has still outperformed the Consumer Staples sector. Future movements in the ADM stock price are likely to be closely connected to further developments in ADM's strategy for dealing with cost and biofuel related issues.
Archer Daniels Midland Company ADM News Analytics from Tue, 25 Mar 2025 07:00:00 GMT to Sat, 27 Dec 2025 13:30:50 GMT -
Rating -2
- Innovation 0
- Information 5
- Rumor 2
